Two-Unit
48 Kansas Road, Bridgton, ME 04009
For Sale
New
$339,000
Multi-Family, Bridgton, ME
Property Size1,142 SF
Lot Size0.41 Acres
Price / SF$296.85
Days on Market4
Property Features for 48 Kansas Road
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Interior features
Basement
Lot features
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Amenities
private yard
large yard
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Oberg Insurance & Real Estate Agency, Inc.
(207) 647-5551
Listed By:
Cynthia Gorman
(207) 347-1595
Added: Nov 3
Last Checked: Nov 6 at 8:06PM
MLS# 1670704
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,142-square-foot duplex contains two residences, each arranged with a kitchen, living room, dining room, and two upstairs bedrooms. Each unit has a full bathroom on the main level. One kitchen has been updated, and the property includes a porch and two garage/shed structures. The bungalow was built in 1850 and has a metal roof, hot-water oil heat, public water, and a private sewer system.
The property occupies 0.41 acres in the village setting. Both the roof and septic system have been replaced in recent years. Residential zoning applies.
The property occupies 0.41 acres in the village setting. Both the roof and septic system have been replaced in recent years. Residential zoning applies.
Key Highlights
- Two‑unit duplex with 1,142 square feet
- 0.41‑acre parcel
- Two bedrooms in each unit, located upstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,181
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,620
$403.6K
Cap Rate 7%
$288,300
$288.3K
Cap Rate 9%
$224,233
$224.2K
Market Conditions
NOI Build-Up for 1,142 SF
Gross rent
$30.8K $27.00/SF
− Vacancy
−$2.0K −$1.76/SF
EGI
$28.8K $25.25/SF
− OpEx
−$8.6K −$7.57/SF
NOI
$20.2K $17.67/SF
Area
Cumberland County, ME
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,620
Cap Rate 7%
$288,300
Cap Rate 9%
$224,233
Alternative Uses
Best Use
Multifamily LT 5
$288.3K
$252.3K – $336.4K
NOI $20,181 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$268.2K
$234.7K – $312.9K
NOI $18,775 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$313.9K
$274.7K – $366.2K
NOI $21,972 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
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Business Placement
Demographics for 04009, ME
5,298
Population
4,580
Households
1.2
Avg Household Size
51
Median Age
32%
College-Educated
93%
High-School Grad
56.5 sq mi
ZIP Area
94
Density / Sq Mi
$86,386
Median Household Income
$48,737
Median Earnings
$1,196
Median Rent
$286,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Cumberland County, ME
Properties on Market for Duplexes in Cumberland County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate kitchens and living areas give each residence its own everyday layout.
Where is this duplex located?
The property is located at 48 Kansas Road Bridgton, ME.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,142 square feet; 0.41‑acre parcel; Two bedrooms in each unit, located upstairs
